Musk Reneges On Promise, Donates To Trump's America PAC

Billionaire Elon Musk, who has been ramping up criticism of US President Joe Biden, has donated to a political group working to elect rival presidential candidate Donald Trump, Bloomberg reported citing sources.

Musk, the world's richest person who runs electric car maker Tesla, rocket maker SpaceX, social media company X, and other companies, did not respond to the request for comments. I Photo: NASA Johnson Flickr

The report did not indicate how much Musk donated but added it was "a sizable amount" given to a group called America PAC.

The PAC - a group that can receive unlimited contributions for political activity - is next required to disclose its list of donors on July 15. In March, Trump met with Musk and other wealthy donors.

In response to reports of the meeting, South Africa-born Musk posted on X: "Just to be super clear, I am not donating money to either candidate for US President."

In May, he also denied media reports that there had been talks over a potential advisory role for him in any Trump presidency, Jasper Ward, Hyunjoo Jin, and Nandita Bose reported for Reuters.

Musk, the world's richest person who runs electric car maker Tesla, rocket maker SpaceX, social media company X, and other companies, did not respond to Reuters' request for comments.

Biden campaign spokesman James Singer said that Musk knows Trump is "a sucker who will sell America out, cutting his taxes while raising taxes on the middle class by $2,500."

He added: "Joe Biden has been standing up to people like Elon and fighting for the middle class his entire career — and it’s why he’ll win in November."

Musk, like Trump, is a narcissist and inveterate liar who is also using ketamine to treat depression. Trump has vowed to destroy the electric vehicle (EV) industry.